Milton Raises Over $10.5 million for Endowment Campaign
May 19, 2022 by
Art Installation by World Renowned Artist Zachary Oxman Unveiled
Milton is thrilled to announce that it has raised more than $10.5 million for the school’s endowment, with funds raised in the throes of the pandemic. During the initial phase of its Foundation for the Future campaign, Milton secured over $10.5 million in pledges, including more than $5 million in commitments from 47 lead community donors, plus a matching gift of over $5.5 million from Ambassador Alfred Moses, a major Jewish philanthropist and benefactor of the school. This initial phase of the campaign serves as an anchor for the public campaign, which is scheduled to launch in fall 2022.
The Foundation for the Future Campaign began in late 2019, just months before the Covid-19 pandemic hit. In spite of the timing – or perhaps because of it – Campaign Co-Chairs Pete and Rachel Federowicz, in coordination with the school’s professional staff and Board, made the decision to move forward. An endowment guarantees a long-term revenue stream that can keep an institution financially stable, operationally nimble, and able to address emerging needs such as those that arise in a pandemic.